Historic Sierra Leonean leone Eritrean nakfa

Sierra Leonean leone eritrean nakfa history for December 2023. The highest quote for this month is 0.000763 (01/12/2023) and the lowest 0.000765 (12/12/2023). The difference between high and low is -0.26.

SLL ERN average rate for December 2023 is 0.00074, the change between 01/12/2023 and 31/12/2023 is -0.13 %.

01 December 20231 SLL = 0.0008 ERN
02 December 20231 SLL = 0.0007 ERN
03 December 20231 SLL = 0.0007 ERN
04 December 20231 SLL = 0.0008 ERN
05 December 20231 SLL = 0.0008 ERN
06 December 20231 SLL = 0.0008 ERN
07 December 20231 SLL = 0.0008 ERN
08 December 20231 SLL = 0.0008 ERN
10 December 20231 SLL = 0.0007 ERN
11 December 20231 SLL = 0.0008 ERN
12 December 20231 SLL = 0.0008 ERN
13 December 20231 SLL = 0.0008 ERN
14 December 20231 SLL = 0.0008 ERN
15 December 20231 SLL = 0.0008 ERN
16 December 20231 SLL = 0.0007 ERN
17 December 20231 SLL = 0.0007 ERN
18 December 20231 SLL = 0.0008 ERN
19 December 20231 SLL = 0.0008 ERN
20 December 20231 SLL = 0.0008 ERN
21 December 20231 SLL = 0.0008 ERN
22 December 20231 SLL = 0.0008 ERN
23 December 20231 SLL = 0.0007 ERN
24 December 20231 SLL = 0.0007 ERN
26 December 20231 SLL = 0.0008 ERN
27 December 20231 SLL = 0.0008 ERN
28 December 20231 SLL = 0.0008 ERN
29 December 20231 SLL = 0.0008 ERN

08/04/2020: COVID-19 impact on currency circulation

Due to the COVID-19 pandemic, circulation of nakfa banknotes decreased as people relied more on digital transactions.

25/02/2019: Introduction of new nakfa banknotes

Eritrea introduced new banknotes in denominations of 5, 10, 20, 50, and 100 nakfa.

30/10/2018: Currency devaluation

Eritrea devalued the nakfa by 14%, reducing its official exchange rate to 1 USD = 15 ERN.

22/01/2015: Dollarization policy imposed

Eritrea imposed a dollarization policy, making the US dollar the predominant currency for most transactions.

27/04/2010: Adoption of new currency symbol

Sierra Leone adopts a new currency symbol for the leone (Le), representing its cultural heritage and national identity.

14/11/2005: Currency redenomination

The Eritrean nakfa underwent a redenomination where old nakfa notes were replaced with new nakfa notes in a ratio of 1:1,000.

29/07/2003: Introduction of new leone notes

Sierra Leone introduces a new series of leone banknotes with enhanced security features to combat counterfeiting.

08/11/1997: Introduction of the Eritrean nakfa

The Eritrean nakfa was introduced as the official currency of Eritrea, replacing the Ethiopian birr.

08/11/1997: Currency exchange rate fixed

The Eritrean nakfa was fixed at an exchange rate of 1 USD = 10 ERN.

22/02/1996: Civil war ends

The Sierra Leonean Civil War comes to an end, providing an opportunity for economic stabilization and currency reform.

29/04/1980: Coup d'etat

A military coup takes place in Sierra Leone, leading to economic instability and a decline in the value of the leone.

15/07/1974: Redenomination of the leone

Sierra Leone redenominates its currency, replacing the old leone with a new leone at a ratio of 1:4.

04/11/1971: Introduction of decimal currency

Sierra Leone adopts a decimal currency system, replacing the pound with the leone as its new official currency.

27/04/1961: Independence of Sierra Leone

Sierra Leone gains independence from the United Kingdom, introducing the Sierra Leonean leone as its official currency.